8B Wesley Rise, Joondalup WA 6027

MASSIVE $97,240 Yearly Rental Return!

4-bedroom 4-bathroom main house with a completely separate
1 bedroom 1 bathroom + kitchen STUDIO above garage.

This fantastic investment is within walking distance to everything! Including -
• Edith Cowan University Joondalup Campus (next door)
• Police Academy
• Joondalup Train and Bus Station
• Joondalup Hospital
• Lakeside Joondalup Shopping Centre
• Cafés, restaurants and much more.

WHAT ARE YOUR OPTIONS?
• Reap the rewards of this property from the day you purchase it with a huge $97,240 gross per year rental return.
OR
• Live in the 1 bedroom 1 bathroom studio and rent out the main house for $73,840 gross per year

ABOUT THE PROPERTY

MAIN HOUSE
* Master bedroom downstairs with WIR and bathroom with shower and toilet
* Extra, separate powder room downstairs for guests
* Big separate laundry
* Family/dining and kitchen open space overlooking the patio and covered alfresco area
* On the first floor you have 3 big king size bedrooms all with separate bathrooms with showers and toilets
* Another family room upstairs between the other bedrooms

STUDIO - is completely separate with private entrance and located over the double garage, complete with a living area, fully equipped kitchen, generous size bedroom and 1 bathroom / laundry and big balcony

CURRENT LEASES

Studio - $450 gross per week ($395 NET income)

Bed 1 - $380 gross per week ($320 NET income)
Bed 2 - $350 gross per week ($295 NET income)
Bed 3 - $340 gross per week ($285 NET income)
Bed 4 - $350 gross per week ($295 NET income)

$1,870 per week, $97,240 GROSS per year
or
$1,590 per week, $82,680 NET per year (handle the Amenities which is Water, Gas, Electricity, Internet and Professional Cleaning every 6-8 weeks)

BONUS: ALL FURNITURE AND WHITE GOODS THAT IS CURRENTLY IN THE HOUSE IS INCLUDED IN THE SALE PRICE!!!

For further details or an inspection, please contact Magda Grek on 0406 647 779

Details provided for this property is for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract or Lease Agreement. All plans and measurements are approximate and not to scale.